After all the news during the past few months about Bernie Madoff’s Ponzi scheme down in the US, it looks like we have our own here in Canada. Earl Jones is a financial adviser who has suddenly disappeared with $30-$50 million of his client’s money. Authorities have frozen the accounts of both Earl Jones and…
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Monthly Archives: July 2009
Welcome Globe and Mail Readers
I would like to welcome visitors who decided to check out The Canadian Finance Blog after reading the Me & My Money section in Saturday’s Globe and Mail. I would also like to thank Larry MacDonald for contacting me and taking the time to interview me for this edition of Me & My Money. As…
Friday Links
Stretchy Dollar asks, did you inherit your money habits? Financial Methods lists 15 sites that can help improve your finances, without focusing on money. Free From Broke shows why credit scores matter more than you think. Budgets Are $exy has links to the best financial calculators. Saving For Serenity gives us some unusual ways to save money at costco. Financial Highway…
Telemarketers Fined For Violating The Do Not Call List
The Canadian Radio-television and Telecommunications Commission (CRTC) has recently given fine notices to two telemarketing companies for calling phone numbers that where registered on the Do Not Call List. These fines can be as much as $15,000 for each call. The fact that two companies have been fined for not abiding by the rules should…
Consumer Bankruptcies Increased 34% Over Last Year
While there has been a lot of talk in the news about big corporations going bankrupt, the number of consumer bankruptcy filings have been alarmingly higher than last year month after month. The most recent data in for the month of May, shows 9,900 bankruptcies, a 34.4% increase over May 2008. The biggest increase amongst…
How To Build An Emergency Fund
So you’ve paid off all your debt and want to start to build your savings and investments? Before you start working on building up your RRSP, your first savings priority should be an emergency fund. I’ve mentioned previously that I don’t believe an emergency fund makes much sense if you still have debt. By paying…
Top 5: June 2009
June was a exciting month for The Canadian Finance Blog. We finally passed 100 RSS readers, so thanks to all those that subscribed to the RSS feed or by email! The Fixed or Variable Rate Mortgage? post as an editor’s pick in the Carnival of Debt Reduction – Four Pillars Edition. I also got a…
